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Johnny Carino’s | Double Net (NN) Lease

$2,312,500

7900 South Walker Avenue, Oklahoma City, OK 73139

Pending
Last Updated: 08/05/2022

8

Cap Rate

185,000

NOI

Details:
Cap Rate:    8%
NOI:    $185,000
Building Size:    6,297 sqft
Lot Area:    1.6 acres
Lease Type:    Double Net
Year Built:    2004
Price Per Sqft:    $367.24
Roof & Structure:    Landlord's Responsibility
HVAC:    Tenant's Responsibility
Repairs & Maintenance:    Tenant's Responsibility
Highlights:
  • Proven Location With Long-Term Operating History
  • Veteran Franchisee With Over 20 Years of Experience
  • Strong Retail Synergy With Major Traffic Drivers Surrounding Location
  • Strategically Located at the Intersection of SW 79th Street and S Walker Avenue With Direct Access to Hwy 240 (Access to Will Rogers Airport and Downtown Oklahoma City)
  • Strong Demographics With a Population of 103,473 Residents Making an Average Household Income of $54,975 Within a 3-Mile Radius
  • Less Than 10 Minutes From the Oklahoma City Community College That Serves Over 21,000 Students and Staff Across a 143 Acre Campus
  • Just 20 Minutes to Lake Stanley Draper Which Provides Activities Such as Fishing, ATV’s, Boating, Water Skiing and Camping
  • Tinker Air Force Base, Just 15 Minutes Away, is the Headquarters For the Air Force Materiel Command’s Air Logistics Center; The Federal Aviation Administration is Also Housed Here
  • Oklahoma City, the Capital, Has an MSA Population of Over 1.4 Million People; Its Economy is Based on Oil, Natural Gas, Petroleum Products and Livestock Markets
  • Nearby Tenants Include: Walmart Supercenter, Dan Stanley Chevrolet, PepBoys, Academy, Home Depot, Lowe’s, Harbor Freight, Burlington, Dollar Tree, Discount Tire, PetSmart, Best Buy, Hobby Lobby and More
Description:

Sands Investment Group is Pleased to Exclusively Offer For Sale the 6,297 SF Johnny Carino’s at 7900 S Walker Avenue in Oklahoma City, Oklahoma. This Opportunity Includes a Restaurant Within a Strong Retail Synergy and Major Traffic Drivers Surrounding the Area, Providing For a Good Investment.



In Cooperation With:
ParaSell, Inc., A Licensed Oklahoma Broker – Lic. # 183645
BoR – Scott Reid - Lic. # 183646

Map:
Documents:
Title
Offering Memorandum
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Gallery